In a large bowl,mix together the cereal and chocolate chips.In a medium saucepan,heat the sugar,peanut butter & corn syrup over medium heat.Stir constantly,until all of the ingredients are melted together.Pour the peanut butter mixture into the cereal mixture.Mix together well(this gets a bit tough to mix)and spread out the mixture in a square 13x9 baking pan lined with parchment.
Once the mixture has cooled ,pull the parchment up,lifting the mixture out of the pan.Cut into shapes using your favorite cookie cutter.If desired,turn into pops by adding popsicle sticks!